convertible bonds Archives | Be Korea-savvy
HDBank Issues Convertible Bonds to Strategic Partner Germany’s DEG

HDBank Issues Convertible Bonds to Strategic Partner Germany’s DEG

HO CHI MINH CITY, VIETNAM, Sept. 29 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (“DEG”). DEG will invest in convertible [...]

Sequa Petroleum N.V. Irrevocable Undertaking to Restructuring Bonds by Decisive Bondholders’ Majority

Sequa Petroleum N.V. Irrevocable Undertaking to Restructuring Bonds by Decisive Bondholders’ Majority

London, UNITED KINGDOM, Apr. 15 (Korea Bizwire) – Further to its press release of 22 January 2019, Sequa Petroleum N.V. (the “Company”) is pleased to announce that its main shareholder Sapinda Holding B.V. together with certain affiliates (“Sapinda”), holding or otherwise controlling voting rights for a decisive majority (over 75%) of the Company’s USD 300,000,000 [...]

Sequa Petroleum N.V. Bonds Update – 14 November 2018

Sequa Petroleum N.V. Bonds Update – 14 November 2018

London, UNITED KINGDOM, Nov. 14 (Korea Bizwire) – Further to its previous press releases (14 November 2016, 17 March, 15 May and 14 November 2017, and 15 May 2018), Sequa Petroleum N.V. (the “Company”) notes that a further potential default has occurred under the Company’s USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which [...]

Westwood Holdings Group and Aviva Investors Strategic Partnership: Update

Westwood Holdings Group and Aviva Investors Strategic Partnership: Update

DALLAS, July 12, 2017 (Korea Bizwire) — Westwood Holdings Group, Inc. (NYSE:WHG) is pleased to announce an update regarding our long-term strategic partnership with Aviva Investors in the global convertibles asset class. With immediate effect, Aviva Investors has appointed Westwood to transition from advisory to discretionary sub-investment manager of the Aviva Investors Global Convertibles Fund, [...]